2 Companies Unlocking Higher Profits: AMD, TSLA

From Nasdaq: 2024-11-15 19:29:00

The earnings season for S&P 500 companies is ending positively, with continued growth expected. Popular companies like AMD and Tesla saw improved margins year-over-year. AMD’s forecast includes record annual revenue by 2024, with Data Center revenue soaring 122%. Tesla’s gross margin expanded to 19.8%, leading to a Zacks Rank #1. Margin expansion signals higher profits through cost-cutting or a favorable economic environment.

The solar industry is set to rebound as tech and the economy shift to clean energy for the AI boom. Analysts predict solar will drive 80% of renewable energy expansion, offering substantial profit opportunities. Discover top solar stock recommendations for free to capitalize on this booming sector.



Read more at Nasdaq: 2 Companies Unlocking Higher Profits: AMD, TSLA